U.S. Treasury Secretary Steven Mnuchin may visit China, in a move that could help defuse rising trade tensions between the world's two largest economies that threaten to derail a global economic recovery.
The United States has threatened to impose tariffs on $50 billion of Chinese imports in a bid to try and force Beijing to stop its companies from stealing American companies' intellectual property.
"A trip is under consideration," Mnuchin said at a press conference during the International Monetary Fund and World Bank spring meetings in Washington on Saturday.